Quanta Services is the leading provider in infrastructure solutions for the electric power, underground utility and communications industries. Learn the latest information and analysis on the company, PWR stock price today, stock news, how much one share costs and other information to help you make investment decisions.
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Quanta sells, installs and services infrastructure and network solutions for oil, gas, communications and electric power industries.
The company demonstrates 20.7% year-over-year growth and benefits not only from traditional constructions but also new trends such as 5G and electric vehicles.
The Quanta Services stock price fell at the end of 2021 with the rest of the industry, but quickly recovered at the very beginning of 2022, reaching an all-time high of $137 by the end of March. So while a price like $120 would be much better, the company will benefit from the Infrastructure Investment and Jobs Act in the mid-term. The company’s long-term performance should also be solid, considering the fact that the stock grew 280% in three years.
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